For Sale: High Visibility Leestown Rd Development Site

For Sale

2409 Merchant St, Lexington, KY 40511

This Lexington property for sale is located at 2409 Merchant St. The current listed sale price for For Sale: High Visibility Leestown Rd Development Site is $900,000. For Sale: High Visibility Leestown Rd Development Site is situated on a lot that is 1.5 acre in size.

Contacts

Wade Haga, CCIM

SVN | Stone Commercial Real Estate

Property Details

  • Property Type VacantLand
  • Lot Size 1.5 Acre
  • Date Updated Mar 2, 2026
Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.SVN Stone Commercial Real Estate is pleased to present 2409 Merchant Drive for sale in Lexington, KY — a 1.5-acre, P-1 zoned development opportunity offering excellent visibility and signalized accessibility. With approximately 24,778 vehicles per day, the site provides strong exposure along Leestown Rd. The property is flat and ready for development, making it ideal for a wide range of uses including medical offices, banks, professional services, daycares, and hotels. Ownership has completed key due diligence, including an ALTA survey, Phase 1 ESA, and geotechnical report, helping streamline the path to construction. Conveniently located near New Circle Road with quick access to Interstates 64 & 75, this site offers outstanding connectivity across Lexington and the surrounding region.
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Highlights

  • 1.5 acre parcel ready for development
  • Excellent visibility from Leestown Rd (24,778 VPD)
  • Key due diligence items availalbe: ALTA survey, phase 1 ESA, geotechnical report
  • Signalized access to Leestown Rd from Trade St
  • Strong demographics

Attachments

Getting around

  • 33/100

    Walk Score ®

  • 26/100

    Transit Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lexington, KY
  • Neighborhood Marehaven
  • Zip Code 40511
  • Market Lexington

Points of Interest

  • Shell

    1.01 miles

  • Speedway

    1.58 miles

  • Marathon

    1.61 miles

  • Thorntons

    2.25 miles

  • Kroger Fuel Center

    2.84 miles

  • Tesla Supercharger

    7.87 miles

  • ChargePoint

    8.46 miles

  • Central Bank Center Parking Garage

    2.86 miles

  • Rupp Arena

    2.91 miles

  • Rupp Arena Parking Lot

    2.96 miles

  • Victorian Square parking garage

    3.15 miles

  • Kentucky One Health Parking

    3.17 miles

  • Metered Parking

    3.17 miles

  • Newtown Crossing Additional Parking

    3.19 miles

  • Center Court Parking Garage

    3.20 miles

  • Meter and Permit Parking

    3.21 miles

  • C Lot

    3.24 miles

  • Holiday Inn Express & Suites Lexington Dtwn Area-Keeneland

    0.90 miles

  • Staybridge Suites Lexington

    1.12 miles

  • Horseshoe Motel

    2.09 miles

  • Candlewood Suites Lexington

    2.56 miles

  • Residence Inn

    2.76 miles

  • Courtyard

    2.89 miles

  • SpringHill Suites

    2.97 miles

  • Hyatt Regency Lexington

    3.06 miles

  • Bourbon Hous

    3.10 miles

  • Hilton Lexington/Downtown

    3.13 miles

  • Kroger

    1.25 miles

  • Save-A-Lot

    2.08 miles

  • Mercado Aguascalientes

    2.08 miles

  • FoodLand

    2.17 miles

  • Wine + Market

    2.89 miles

  • Lucky

    3.22 miles

  • ALDI

    3.30 miles

  • Ross

    3.38 miles

  • Big Lots

    3.42 miles

  • Walmart Supercenter

    3.49 miles

Contact Listing Broker
Wade Haga, CCIM

SVN | Stone Commercial Real Estate

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